Gulf Times – Qatar GDP forecast togrow 11.2% in 2011; CPI seen scaling up to 2.5%

Qatar’s GDP is forecast to grow 11.2% this year and 7.5% in 2012, a report says.

Inflation determined by the consumer price index (CPI) may scale up to 2.5% this year from -2.9% in 2010, Bank of America Merrill Lynch has said in its latest global economic forecast.

The CPI inflation will increase further and reach 3.5% in 2012, the report said without elaborating.